ENA Sectors 2023-07-05 14:56:43 <p><span style="font-size:14px"><strong>Visakhapatnam, July 5 (KNN)</strong> A technology park is being set up by the Software Technology Parks of India (STPI) at Andhra Universitys campus in Visakhapatnam.</span></p> <p><span style="font-size:14px">In this context, STPI director general Arvind Kumar will sign a Memorandum of Understanding with Andhra University Registrar Prof V. Krishna Mohan on July 6, reported Deccan Chronicle.</span></p> <p><span style="font-size:14px"><strong><a href="https://bit.ly/3B9mZSj"><img alt="FOLLOW US on GOOGLE NEWS" src="https://knnindia.co.in//uploads/gallery/GoogleNews.jpg" style="border-style:solid; border-width:1px; height:95px; margin:1px; width:299px" /></a></strong></span></p> <p><span style="font-size:14px">Speaking about the upcoming technology park, Andhra University Vice-Chancellor Prof P.V.G.D. Reddy said, This will be another landmark establishment in north coastal Andhra Pradesh, providing opportunities for a large number of entrepreneurs and eventually leading to employment and revenue for the university. </span></p> <p><span style="font-size:14px">As per reports, the IT ministry has sanctioned Rs 60 crore for the project in three phases, with Rs 19.5 crore approved as the first phase budget.</span></p> <p><span style="font-size:14px"> We already have 440 interns working in 102 start-up companies, and we have started generating Rs 160 crore revenue this year, which is enough to run the university for four months, the Vice-Chancellor said.</span></p> <p><span style="font-size:14px">He stated that Chief Minister YS Jagan Mohan Reddy will soon build a-Hub, which houses the majority of start-ups. The projected STPI skyscraper would be located directly across from a-Hub.</span></p> <p><span style="font-size:14px">Among the plans for the next five years, the Vice-Chancellor stated that new courses will be introduced and the current student body would be enlarged from 15,000 to 22,000 people.</span></p> <p><span style="font-size:14px">Arvind Kumar, the director general of STPI, will formally open the Industry 4.0 centre for excellence at RINL's Visakhapatnam Steel Plant on July 6. <em><strong>(KNN Bureau)</strong></em></span></p> 33963 https://knnindia.co.in/news/newsdetails/sectors/stpi-to-set-up-technology-park-at-au-campus-in-visakhapatnam 2023-07-05 14:56:43 knnindia.co.in